Phillips 66 (PSX) Tops Q4 EPS by 21c

Phillips 66 (NYSE: PSX) reported Q4 EPS of $1.07, $0.21 better than the analyst estimate of $0.86. Revenue for the quarter came in at $3.2 billion.

Fourth Quarter

• Generated $1.9 billion in cash from operations
• Returned $816 million to shareholders through dividends and share repurchases
• Achieved 100 percent capacity utilization in Refining
• Reached mechanical completion at CPChem\'s Cedar Bayou world-scale ethane cracker
• Completed $2.4 billion dropdown to Phillips 66 Partners
• Announced $2.3 billion 2018 capital budget

For earnings history and earnings-related data on Phillips 66 (PSX) click here.

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